Toyota Motor Thailand Uses Expert Consultants to Implement Asia-Pacific Financial System
Toyota Motor Thailand Co., Ltd Bangkok, Thailand www.toyota.co.th
Industry:
Automotive
Employees:
More than 4,000
“I would particularly like to mention the professionalism and thoroughness of the Oracle Consulting team during the project. The experience with Oracle has been very encouraging and fulfilling. The complex project was completed on time and within budget.” – Kazuhiro Shibutani, Vice President, Information Systems, Toyota Motor Asia-Pacific Japanese automotive giant Toyota Motor Corporation chose Thailand as the location of its first overseas operation, establishing an import business in the country in 1956. Toyota Motor Thailand is now one of the leading automobile manufacturers in Thailand, with a registered capital of THB7.5 billion (US$2.3 billion), more than 5,000 staff, 88 dealerships, and 238 showrooms nationwide. It produces up to 240,000 vehicles a year. In April 2007, Toyota established a new division called Toyota Motor Asia Pacific Engineering and Manufacturing (TMAP-EM). The division is responsible for supporting procurement for all of Toyota’s manufacturing plants across the Asia-Pacific, with the aim of lowering operating costs. One way to achieve this objective was to standardize on a single business model. As a first step, this would involve replacing the disparate financial systems used by different manufacturing facilities with a centralized solution. Toyota selected Oracle Financials as the foundation of its new system and engaged Oracle Consulting to deploy the solution in Thailand. Using Oracle experts enabled Toyota to implement the system within mandated deadlines and ensure there were no problems after it went live. The company will use the same deployment team and methodologies to roll out the system to other Toyota operations in the Asia-Pacific. “This was a major project for Toyota in this region,